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Alternative West Asia shipping routes provide relief for aluminium prices

Aluminium prices ease as Emirates Global Aluminium secures alternative export routes, easing supply fears linked to tensions around the Strait of Hormuz

Updated On: 18 Mar 2026 | 5:18 PM IST

Rupee hits record low at 92.63 as oil prices surge, capital outflows rise

The rupee closed at 92.63 per dollar, eclipsing its previous lifetime low of 92.4750 hit last week

Updated On: 18 Mar 2026 | 5:18 PM IST

Reliance Jio hires 17 banks for IPO, plans no fresh fundraise: Report

The IPO will be executed as a so-called "offer for sale" in India, three of the sources said, where only existing shareholders sell their shareholding to public

Updated On: 18 Mar 2026 | 4:12 PM IST

India's privatisation drive derails because of weak investor interest

The privatisation plan, delayed for years, is now facing fresh setbacks that include dwindling interest in state-run firms

Updated On: 18 Mar 2026 | 3:12 PM IST

KKR to invest up to $310 million in PMI Electro, buy stake in Allfleet

KKR will acquire a majority stake in Allfleet and a minority holding in PMI Electro

Updated On: 18 Mar 2026 | 2:53 PM IST

Iran war flags rupee's vulnerability, banks pitch cross-currency trades

Brent crude is up nearly 40 per cent since the conflict in the West Asia began, threatening India's external balances and weighing on its inflation-growth balance

Updated On: 18 Mar 2026 | 2:40 PM IST

Axis Bank to invest $162 million in its consumer lending arm Axis Finance

Axis Bank, which has invested ₹2,375 crore in Axis Finance over the ​past decade, plans to complete the infusion by March 2027 ‌through a cash consideration in one or more tranches

Updated On: 18 Mar 2026 | 11:53 AM IST

India to mandate local solar ingots, wafers for energy projects from 2028

India currently relies entirely on China for its imports of cells, ingots, wafers ‌and ​poly silicon for ​solar panels

Updated On: 18 Mar 2026 | 11:06 AM IST

CCI probes Givaudan, Firmenich, IFF over deals not to poach workers

The fragrance case is India's first touching on labour practices, lawyers say, though authorities have often investigated price-fixing

Updated On: 18 Mar 2026 | 9:10 AM IST

Asian stocks rally as oil prices pause gains, Fed meeting in spotlight

Oil prices took a breather on Wednesday from recent gains though the Strait of Hormuz remained largely shut

Updated On: 18 Mar 2026 | 8:48 AM IST

US counterterror chief quits, says Iran war driven by pressure from Israel

Kent is close with Director of National Intelligence Tulsi Gabbard, who has kept a low profile since the Iran war began

Updated On: 17 Mar 2026 | 8:14 PM IST

Mojtaba Khamenei rejects proposals to reduce tensions with US: Report

The Strait of Hormuz remains largely closed off, with US allies rebuffing US President Donald Trump's request for help to reopen the critical waterway, raising energy prices and fears of inflation

Updated On: 17 Mar 2026 | 4:07 PM IST

Fuel retailers seek advance payments as losses mount on price surge

Indian refiners, hit hard by a declining rupee, are facing revenue losses from retail sales as cracks for gasoline and gasoil surged to multi-year ‌highs

Updated On: 17 Mar 2026 | 2:03 PM IST

Trump warned of likely Iran retaliation on Gulf allies despite his claim

Trump had said twice on Monday that Iran's retaliatory strikes against Qatar, Saudi Arabia, the United Arab Emirates, Bahrain and Kuwait were a surprise

Updated On: 17 Mar 2026 | 10:22 AM IST

Oil prices rise over 2% amid Iran war supply risks as Hormuz remains shut

Brent ​futures jumped $2.74, or 2.7 per cent, to $102.95 a barrel by 0357 GMT, while US West Texas Intermediate crude ‌gained $2.45, or 2.6 per cent, to $95.95

Updated On: 17 Mar 2026 | 10:19 AM IST

Asian stocks rise as investors weigh Iran war, central bank decisions

Markets are on edge, trying ​to price in the economic damage from US President Donald Trump's war with Iran and ​the policy reaction it could trigger

Updated On: 17 Mar 2026 | 8:05 AM IST

Reliance signs $3 billion green ammonia supply deal with Samsung C&T

RIL signed a binding long-term agreement with South Korea's Samsung C&T to supply green ammonia for 15 years

Updated On: 16 Mar 2026 | 11:33 PM IST

Nebius signs AI infrastructure deals with Meta worth up to $27 bn

Nasdaq-listed Nebius shares, which closed at $112.50 on Friday, have risen 35 per cent so far this year, giving it a market capitalization of $28.6 billion

Updated On: 16 Mar 2026 | 10:55 PM IST

Foxconn forecasts strong revenue growth for 2026 even as profit lags

Foxconn's guidance for both first quarter and full year revenue are for "strong growth", the highest outlook it can give, as the company does not provide a numeric outlook

Updated On: 16 Mar 2026 | 10:45 PM IST

Iran war should accelerate shift away from fossil fuels: UN climate chief

UN climate chief says geopolitical shocks to oil and gas markets highlight urgency of accelerating the global shift to renewable energy

Updated On: 16 Mar 2026 | 10:16 PM IST